I've not sold a single sat
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6315. (Read 26720578 times)
January 22, 2021, 04:52:38 PM
So, is it time to buy back in after panic selling at the bottom or do we wait another $2 - $3k?
I've not sold a single sat
I've not sold a single sat
January 22, 2021, 04:40:01 PM
why was this reorg so important?
It wasn't important at all. Massive FUD overdrive yesterday. Stacked another ~0.15 BTC, so can't be too angry with how things worked out.
January 22, 2021, 04:36:57 PM
Yes, but they may have also sold just to lock in some profits, not because of a false believe in a double spend. Don’t assume to quickly.
They sold at the bottom to lock in profits?
I don't think so. They were spooked by something they didn't understand.
Let the name Nextech go next to Mindrust on the no-coiner sell-at-the-bottom wall of shame.
NilTech
January 22, 2021, 04:23:26 PM
Hell yeah, BTC. The whale's dream asset....
Billionaire... "I have a few million to play around with....what should I do for a shiggle and instant profit?"
Informed financial advisor who knows his shit..."Have you heard of bitcoin?....."
Billionaire... "I have a few million to play around with....what should I do for a shiggle and instant profit?"
Informed financial advisor who knows his shit..."Have you heard of bitcoin?....."
January 22, 2021, 04:09:04 PM
...... was it just some big shot who had no clue as to how corn and POW works noticed and freaked?
that....
or maybe some big shot who definitely had a clue as to exactly how corn and POW works, released the FUD, and swiftly bought the expected, ensuing temporary dip.
... with at least some nextech complicity.
January 22, 2021, 04:01:44 PM
...... was it just some big shot who had no clue as to how corn and POW works noticed and freaked?
that....
or maybe some big shot who definitely had a clue as to exactly how corn and POW works, released the FUD, and swiftly bought the expected, ensuing temporary dip.
may we change the unit ?
https://twitter.com/PeterSchiff/status/1352625339944607744
The idea that Bitcoin is scarce as there's only 21 million is nonsense.
One #Bitcoin merely represents an arbitrary quantity of 100 million Satoshis.
So, it's the total number of Satoshis that must be considered. With a supply of 2.1 quadrillion Satoshis are anything but scarce!
https://twitter.com/PeterSchiff/status/1352625339944607744
The idea that Bitcoin is scarce as there's only 21 million is nonsense.
One #Bitcoin merely represents an arbitrary quantity of 100 million Satoshis.
So, it's the total number of Satoshis that must be considered. With a supply of 2.1 quadrillion Satoshis are anything but scarce!
Now that's fucking rich. He's just playing on average Joe's ignorance. Small wonder in these times.
January 22, 2021, 03:56:18 PM
may we change the unit ?
https://twitter.com/PeterSchiff/status/1352625339944607744
The idea that Bitcoin is scarce as there's only 21 million is nonsense.
One #Bitcoin merely represents an arbitrary quantity of 100 million Satoshis.
So, it's the total number of Satoshis that must be considered. With a supply of 2.1 quadrillion Satoshis are anything but scarce!
https://twitter.com/PeterSchiff/status/1352625339944607744
The idea that Bitcoin is scarce as there's only 21 million is nonsense.
One #Bitcoin merely represents an arbitrary quantity of 100 million Satoshis.
So, it's the total number of Satoshis that must be considered. With a supply of 2.1 quadrillion Satoshis are anything but scarce!
January 22, 2021, 03:48:23 PM
....
Its not every day the 21st day of the 21st year in the 21st century when a value of $21 gets reorganized on a chain with 21 mil coins
Its not every day the 21st day of the 21st year in the 21st century when a value of $21 gets reorganized on a chain with 21 mil coins
doo doo do do doo doo do do......
January 22, 2021, 03:45:38 PM
This is not unusual or a big thing. Saying it was on "two chains" is invalid as there is only one real chain.
It was technically a "block reorganization". Happens all the time. This one was just more significant than all the others, and people ran with the FUD over a trivial number of satoshi.
why was this reorg so important? we have had longer chain reorgs (even 2+ blocks orphaned a few times iirc but its rare). was it just some big shot who had no clue as to how corn and POW works noticed and freaked?
January 22, 2021, 03:38:14 PM
Yes, but they may have also sold just to lock in some profits, not because of a false believe in a double spend. Don’t assume to quickly.
They sold at the bottom to lock in profits?
I don't think so. They were spooked by something they didn't understand.
Let the name Nextech go next to Mindrust on the no-coiner sell-at-the-bottom wall of shame.
January 22, 2021, 03:38:04 PM
.....
If you want to escape this, you need to focus on calming down, for quite a while.
If you want to escape this, you need to focus on calming down, for quite a while.
Not gonna happen.
Everyone today is focused on one's personal little reality bubble one has set up on that little swiping device tethered to one's person 24/7.
January 22, 2021, 03:36:13 PM
This is not unusual or a big thing. Saying it was on "two chains" is invalid as there is only one real chain.
It was technically a "block reorganization". Happens all the time. This one was just more significant than all the others, and people ran with the FUD over a trivial number of satoshi.
Everything is retarded.
+1 WOsMerit
--------
the noon wall report
clear out that rigging and steady on gentlemen...that was quite the gale
#dyor
4h
D
#stronghands
January 22, 2021, 03:15:53 PM
This is not unusual or a big thing. Saying it was on "two chains" is invalid as there is only one real chain.
It was technically a "block reorganization". Happens all the time. This one was just more significant than all the others, and people ran with the FUD over a trivial number of satoshi.
Everything is retarded.
Everything is frightened.
People are just too frightened all the time. You don't need much to make a significant amount of them panic.
Consider, this is happening in times of unprecedented security. Life was never as safe as today (confirmed by science and math).
I guess the media and politics with their ongoing FUD are teaching people to be scared, and that makes them so easy to be manipulated. Kids are growing up overprotected, and so on.
If you want the crowd to choose A, just make them fear B (and C...).
If you want to escape this, you need to focus on calming down, for quite a while.
January 22, 2021, 03:11:29 PM
taking into account that 500 years is a long time, them slowly dying will take a while. easy another 50 years.
One day, our grand children's grand children will be talking about this thread. Bitcoin celebrates it's 500th birthday.
Diamonds are for ever they never die.
January 22, 2021, 03:03:47 PM
This is not unusual or a big thing. Saying it was on "two chains" is invalid as there is only one real chain.
It was technically a "block reorganization". Happens all the time. This one was just more significant than all the others, and people ran with the FUD over a trivial number of satoshi.
Everything is retarded.
January 22, 2021, 03:02:59 PM
Apparently they're in AR/gaming or something like that. They used their corn as a treasury item, not for third party investment. Still, they should have known better than getting into something you don't understand the fundamentals of.
Thank you for that information.
Seriously though, how did this event even became newsworthy?
100 something bitcoins. Wtf?
January 22, 2021, 02:47:11 PM
This is not unusual or a big thing. Saying it was on "two chains" is invalid as there is only one real chain.
It was technically a "block reorganization". Happens all the time. This one was just more significant than all the others, and people ran with the FUD over a trivial number of satoshi.
Everything is retarded.
January 22, 2021, 02:41:49 PM
So reading about the "double spend" thing, I don't get it: Guy did a cheap fee transaction that sat in mempool. Guy did another transaction with more fee coin to try and free it. Block was confirmed with the low fee transaction. So his wallet should still have the bitcoin from the higher fee transaction in his wallet, the low fee one confirmed and an alternate reality where the higher fee was charged simply didn't exist.
This is not unusual or a big thing. Saying it was on "two chains" is invalid as there is only one real chain. He might as well have posted the fee to testnet.
Oi. I see bigger problems with the idea of sending bitcoin to a BCH address by mistake (which can still be read by the recipient by loading their wallet on the real chain)
This is not unusual or a big thing. Saying it was on "two chains" is invalid as there is only one real chain. He might as well have posted the fee to testnet.
Oi. I see bigger problems with the idea of sending bitcoin to a BCH address by mistake (which can still be read by the recipient by loading their wallet on the real chain)
January 22, 2021, 02:40:48 PM
Almost run out of readily available cash for investments, would have to sell something to buy something and since all assets are performing-a difficult proposition.
I wonder if it is all blue skies from here or a few more weeks of consolidation and/or bottoming.
I wonder if it is all blue skies from here or a few more weeks of consolidation and/or bottoming.
January 22, 2021, 02:34:51 PM
NexTech, wtf is that? Investment firm for ants?
Apparently they're in AR/gaming or something like that. They used their corn as a treasury item, not for third party investment. Still, they should have known better than getting into something you don't understand the fundamentals of.EDIT
@Wekkel Not hating, but an IT firm acting as scared noobs is somewhat striking to me.
@machasm Thank you kind sir
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